The income and expense figures are as ACTUAL as we can make them, including since the property is self managed I've factored in 8% for the property management fee to give a buyer a more fair approximation of the cash flow one can expect to have the first year. This property is 100% occupied and has been for at least two years ongoing. The owner is somewhat altruistic and has been keeping long term tenants on who he likes for what are well below the current market rate rents. The property is secure and quiet and considered above average compared to those like it nearby, which explains why there are almost never vacancies.
Listing courtesy of Keller Williams Southern Arizona.
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